Stocks are up 50 percent from the March 2009 bottom. Some commodities have risen dramatically. The only asset class left in the cellar is real estate, says Michael Murphy, editor of the New World Investor stock newsletter.
As a result, Murphy is advising investors to buy now for these three reasons:
• Desperate sellers: Both home owners and lenders are eager to unload a flood of foreclosed and underwater properties. Buyers with the patience to push through these complex deals can save a bundle.
• Little competition. Because most people don’t have what it takes to negotiate their way through short sales and REOs, patient investors are winners.
• Low rates. Mortgage rates are at their lowest level in 40 years. If you believe inflation is inevitable, lock in now.
1st Consolidated Asset Management
Dallas-Fort Worth Property Management
Monday, August 30, 2010
Thursday, August 19, 2010
Sick of this hot weather? - check out this Richardson home with pool.
Well, it's not quite an iceberg pool but I have the next best thing (for Texas of course)... a beautifully landscaped home in an established subdivision in Richardson. Within walking distance to Yale Elementary and Yale Park. 3/2/2 with pool is the perfect home for a first time home buyer. Large kitchen and formal dining overlook the covered patio, wood deck and glistening pool. Large family room with vaulted ceilings and built ins. Check it out at 1713 Elk Grove. It's a great value and there are so few homes available in this part of town. Call 214-632-0534 for a showing.
Labels:
choosing a realtor,
home for sale,
Richardson,
swimming pool
Thursday, August 12, 2010
Monday, August 09, 2010
Can't sell your home and need to lease it to make ends meet?
Numbers for July in Dallas were just released today and for the year, sales are up 3% over the same period last year. With that said, July sales were down a whopping 29% over last year (condo's and town homes are down 37%). Even with the fall off in prices there was a 1% increase in prices so not all news is bad.With the lack of constant sales you may find yourself in the position of the reluctant landlord. If this is something that is rearing its head, read this article. If you have any questions please don't hesitate to call us.
Advice for the reluctant landlord
Labels:
Dallas,
home for sale,
property management,
reluctant landlord,
tenant
Thursday, August 05, 2010
Prestigious Highland Park Home Overlooking Dallas Country Club

Elegance and style abound in this regal home nestled on a corner lot over looking the Dallas Country Club. This 5 bedroom, 5.2 bathroom home has a large living room, formal dining, study, den and the kitchen of an Iron Chef's dream. The master suite on the first floor has extravagant his and her master bathrooms including separate sinks, dressing areas and water closets along with multiple walk-in closets. The stately entry on this corner lot is lushly landscaped. The perfectly appointed kitchen with sub-zero is adjacent to the dining, living room and outdoor patio. The home has storage galore. The master overlooks the multi-leveled backyard and gorgeous pool with built in spa and koi pond. One bedroom has been converted to an amazing stadium style media room with a built in wet bar. Large high windows create an abundance of natural light to accent the stunning custom light fixtures throughout the home. The home also includes a complete mother in law quarters above the garage.
Call today for a private tour of 3843 Maplewood Avenue, Highland Park which is presented by the Johnson Balen Group of Hodge Realty.
214-321-5203
214-282-6747
Labels:
Dallas Country Club,
Highland Park,
home for sale,
Park Cities
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